Holocene Advisors LP Has $2.34 Million Position in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Holocene Advisors LP trimmed its position in shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 47.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 203,166 shares of the business services provider's stock after selling 186,597 shares during the period. Holocene Advisors LP's holdings in Dun & Bradstreet were worth $2,338,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in DNB. Blue Trust Inc. boosted its holdings in shares of Dun & Bradstreet by 28.2% during the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider's stock worth $67,000 after purchasing an additional 1,284 shares during the period. OLD National Bancorp IN boosted its stake in shares of Dun & Bradstreet by 6.9% during the 2nd quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider's stock valued at $185,000 after buying an additional 1,286 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Dun & Bradstreet by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider's stock valued at $127,000 after acquiring an additional 1,533 shares in the last quarter. KBC Group NV increased its stake in shares of Dun & Bradstreet by 33.9% in the third quarter. KBC Group NV now owns 9,878 shares of the business services provider's stock worth $114,000 after acquiring an additional 2,499 shares during the last quarter. Finally, Tidal Investments LLC raised its holdings in shares of Dun & Bradstreet by 10.2% during the first quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider's stock worth $310,000 after acquiring an additional 2,856 shares in the last quarter. 86.68% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB traded up $0.01 during trading on Friday, reaching $12.43. The stock had a trading volume of 975,026 shares, compared to its average volume of 2,012,909. The stock has a fifty day simple moving average of $11.85 and a two-hundred day simple moving average of $11.02. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08. Dun & Bradstreet Holdings, Inc. has a 52 week low of $8.77 and a 52 week high of $12.94. The firm has a market capitalization of $5.49 billion, a price-to-earnings ratio of -155.38, a P/E/G ratio of 3.50 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The firm had revenue of $609.10 million for the quarter, compared to the consensus estimate of $605.64 million. During the same quarter last year, the firm posted $0.23 EPS. The business's quarterly revenue was up 3.5% on a year-over-year basis. As a group, analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.88 earnings per share for the current fiscal year.

Dun & Bradstreet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.61%. Dun & Bradstreet's payout ratio is -250.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on DNB shares. Needham & Company LLC restated a "buy" rating and issued a $17.00 target price on shares of Dun & Bradstreet in a research note on Friday, November 1st. StockNews.com upgraded Dun & Bradstreet from a "sell" rating to a "hold" rating in a report on Wednesday, October 2nd. Finally, Barclays increased their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Dun & Bradstreet presently has an average rating of "Moderate Buy" and a consensus target price of $13.83.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.